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Jan 22, 2013
01/13
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the document also addresses the role of the government in revitalizing japan's economy. it describes how politicians should promote growth and restore fiscal health. along with drafting the joint statement, boj officials have agreed to introduce open-ended asset purchasing. under a new program from january 2014 the central bank will purchase a certain amount of financial assets every month. no termination date is being set for the scheme. the new measure will expand the total size of the asset purchase program, or app, by about 10 trillion yen, or $110 billion, in 2014. the program is expected to be maintained in the future. following the boj meeting, central bank governor and the finance minister aso reported on the release of the joint statement to prime minister abe at his office. >> translator: the government strongly hopes the bank of japan will continue to promote a strong monetary easing policy in order to achieve the goal. >> translator: the bank of japan believes it is important to realize sustainable growth by overcoming deflation at an early stage and achievin
the document also addresses the role of the government in revitalizing japan's economy. it describes how politicians should promote growth and restore fiscal health. along with drafting the joint statement, boj officials have agreed to introduce open-ended asset purchasing. under a new program from january 2014 the central bank will purchase a certain amount of financial assets every month. no termination date is being set for the scheme. the new measure will expand the total size of the asset...
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Jan 22, 2013
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. >> obama described his priorities for his second term from the domestic economy and diplomacy to climate change. he talked about values and principles common to all americans. he said prosperity must rest on the shoulders of the rising middle class. >> no single person can train all the math and science teachers we'll need to equip our children for the future. or build the roads and networks and research labs that will bring new jobs and businesses to our shores. now, more than ever, we must do these things together as one nation and one people. >> obama begins his second term with several battles looming. he'll try to work with republicans in the house of representatives to revamp gun control laws and avoid defaulting on the national debt. ♪ the rockets red glare ♪ the bombs bursting in air >> pop star beyonce sang the national anthem. her performance capped off the official proceedings ahead of the inaugural parade. then the president walked the capitol route from the building to the white house. the inauguration four years ago drew almost 2 million people. this time an estimated 4
. >> obama described his priorities for his second term from the domestic economy and diplomacy to climate change. he talked about values and principles common to all americans. he said prosperity must rest on the shoulders of the rising middle class. >> no single person can train all the math and science teachers we'll need to equip our children for the future. or build the roads and networks and research labs that will bring new jobs and businesses to our shores. now, more than...
WHUT (Howard University Television)
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Jan 22, 2013
01/13
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WHUT
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the document also addresses the role of the government in revitalizing japan's economy. it describes how politicians should promote growth and restore fiscal health. along with drafting the joint statement, boj officials have agreed to introduce open-ended asset purchasing. under a new program from january 2014 the central bank will purchase a certain amount of financial assets every month. no termination date is being set for the scheme. the new measure will expand the total size of the asset purchase program, or app, by about 10 trillion yen, or $110 billion, in 2014. the program is expected to be maintained in the future. following the meeting prime minister and revital minister reported on the release of the joint statement to prime minister abe at his office. >> translator: the government strongly hopes the bank of japan will a monetary easing policy in order to achieve the goal. >> translator: the bank of japan believes it is important to realize sustainable growth by overcoming deflation at an early stage and achieving price stability. it is vital to strengthen ou
the document also addresses the role of the government in revitalizing japan's economy. it describes how politicians should promote growth and restore fiscal health. along with drafting the joint statement, boj officials have agreed to introduce open-ended asset purchasing. under a new program from january 2014 the central bank will purchase a certain amount of financial assets every month. no termination date is being set for the scheme. the new measure will expand the total size of the asset...
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Jan 22, 2013
01/13
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CNBC
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economy. but we still need to nurture this. what's more, there's a fierce fiscal headwind coming through this year with a 2 percentage point payroll tax increase in the first of january. certainly if you like tr an economic management perspective, it's a good idea not to introduce a load more dosage of uncertainty coming through just in a few weeks' time to let this settle down a little bit and then take a more structured considered balanced look at the fiscal situation, particularly on the spending side during the course of q2. and i think that's really the way i would read what the republicans have agreed to here. and this is the more sensitive approach and should help in the recovery. >> and what does it suggest for global recovery hopes? because global growth has been relatively disappointing over the last 12 to 18 months. if we look to 2013, is a growing u.s. going to help that situation or are we still looking to asia to be in the drivers' seat here? >> we're still looking to asia gentleman and the emerging economies. so
economy. but we still need to nurture this. what's more, there's a fierce fiscal headwind coming through this year with a 2 percentage point payroll tax increase in the first of january. certainly if you like tr an economic management perspective, it's a good idea not to introduce a load more dosage of uncertainty coming through just in a few weeks' time to let this settle down a little bit and then take a more structured considered balanced look at the fiscal situation, particularly on the...